Which Term Suggests a One-Time Change in the Organization and the Number

question 15

Multiple Choice

Which term suggests a one-time change in the organization and the number of people employed?

• A) demoting
• B) downsizing
• C) bankrupting
• D) outplacing

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Definitions:

Piece-rate System

A compensation method in which employees are paid based on the quantity of work they complete, rather than the hours worked.

Product Manufacturing

The process of converting raw materials or components into finished goods that meet a company's specifications and can be offered to the market.

Fiberglass Pipes

Tubular products made from fiberglass, a strong and lightweight material, used in various applications such as plumbing, industrial processes, and infrastructure.

Employee Stock Ownership Plan

A program that gives employees ownership interest in the company through the acquisition of its stocks, often used as a corporate finance strategy.